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Within Iran, sanctions radicalise the extreme groups further and, by distorting the functioning of the markets, encourage economic manipulations that largely benefit those radical groups that are close to the regime.
Availability of a large volume of recent literature on deregulated (a.k.a. restructured) electricity markets underscores the importance of the research needs to ensure proper design and functioning of the markets.
Yves Mersch, Luxembourg's central-bank governor, denounced "increasing speculation on the capacity of Greece to honour its debt", which he said was out of all proportion to "the healthy functioning of the markets".
"The agreement highlights the central role that market discipline plays in addressing the question of systemic risk and encourages regulators, investors, counterparties and investment pools alike to be proactive in assuring the healthy functioning of the markets," said Robert G. Pickel, the executive director of the International Swaps and Derivatives Association.
4. False markets must not be created in the securities of the offeree company, of the offeror company or of any other company concerned by the bid in such a way that the rise or fall of the prices of the securities becomes artificial and the normal functioning of the markets is distorted.
Allowing debt-stricken countries to issue bonds guaranteed by the whole euro zone, or allowing the European Central Bank to lend in whatever quantities are necessary to ensure smooth functioning of the markets, the way the Federal Reserve does in the United States, would, in this view, let spendthrift, irresponsible governments off the hook.
Similar(51)
But too few customers also matter for the functioning of the market.
They lower consumer search costs, thus promoting the efficient functioning of the market.
Raising revenue for any governmental purpose affects the functioning of the market.
But, while some institutions are apparently necessary for the smooth functioning of the market, others are an impediment.
Had there been problems in the functioning of the market, this potentially could have been quite destabilizing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com